The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1887-09-28
General B,arish Temper CAUSES Prices to
Sig OF Considerable.
Pacific Nail BID o. Over the Nsws Of the
Proposed Reorganization.
The Market Closes Dali 1t Nearly the Opsning
Figures Of the Day.
An Bonds Duh and neutrality-suspicious.
of Produce and PrOvisiOas-LOcal
Commercial Prices.

NEW YORK, September 26.-Money on call
easy, ranging from to per cent last loan; last
loan at and closing offered at 4. Prime mer-
camille paper 6149s. Sterling exchanges is quiet
and steady at 4794@4SO for sixty days and
4s3s<94S4H for demand. The total sales of
stocks to-day were 27S,22S shares, including:
Canadian Sun, 1895; Delaware, Lackawanna
and Western. $4,000; Erie, s,71s; Lake Shore,
AGO; Louisville and Nashville, 14,5sO; Missouri
Pacific, $3.50; Northwestern $50; N. J. Central
7,1O0; Pacific Mail, 1850; Reading lilo; st.
Paul, % $40; Texas Pacific 3,100; Western Union
2o,5IO.
The stock market to-day was quiet with sud-
den changes in the temper OF dealings in the
middle of the day. There was lits,e news of
any kind to affect values and with a generally
besrish temper among the traders who had the
mornings trading in their own hands prices
sagged of; there was no pressure to sell but
support WAS entirely lacking except a little buy
ing by London at the opening. The street be-
came full of rumors that the president Of the
Pacific Mail has sold the balance of his hold.
ings, which was followed by the statements that
plans for q thorough reorganization of the
company and the directory were completed.
The stock was quickly bid up over four points
and the transactions became large. Jersey
tensive movement while the entire list moved
up in sympathy. There was no special feature
to any OF the general list except the few stocks
bought by London. Though the animation moth
ing ofinterest was developed. Fluctuations were
in most cases confined to narrow limits. and the
business done, ex sept in some seven or eight
stocks, was entirely Insignificant. The opening
was heavy at declines Of small fractions, aud
though the buying by London caused some ad-
vances, prices quickly gave way, and in
the first 80 minutes were depressed from a to
~ per cent, The movement was accompanied
by some activity, but upon the cessation of the
decline became dull and stagnant, though d
few slight advances were made. The rise In Pa
ciic Mail was started at noon, and the course of
prices was steadily upward from that time IN
til the close. The market closed dull, but firm
at close to the opening figures. Closing prices
show irregular changes, generally tor fractions
only. but Pacific Mail is up tour and Jersey Cen
trsl nc. Railroad bonds dull. Sales 1867 O0O.
Final changes are irregular Mobile and Ohio
eastern rose to los; s.. Paul and Minneapolis
frsts lost at 122; Government bonds dull and
steady; state bonds very dull and steady.
Eastern Exchanges.
NEW YORK, September 26-Bank cIearings
to-day were S7l, asa $40; balances, S5,4959ll.
BOSION. Septem Der 2b.-Bank clear1ngS To- day
were S11 Oo4 99I; balances, 81, 695050. Money So
per cent. Exchange on New York, p cents
premium.
BALTIMORE, September 26.-Bsnk clearings
to-day were sl,o3s, CSC; balances S314,211-
PHILADELPHIA, September 26.-Bsnk clear
ings to-day were IS 955, 7A; balances 81 1887 609.
ST. LOUIS, septem Der 26.-Bsnk elearingE to-
day were g, s1S,6ls; balances 1914, I01 Exchange
on New York at 30 cents discount
CHICAGO. September 26.-Bank clearings to-
day aggregated sl0,594,000. New York Exchange
continues weak at 20 cents discount. money is
in good supply for all Legitimate business needs
at696Z per cent. for call and 798 per cent. for
time, according to size of loan and quality OF
security offered.
Bar Silver.
NEW YORK, September 26 Bar silver 96}Sc.
Foreign Exchanges.
PARIS, September 26-Three per cent reates
81 Csc Tor the account.